Gold Gold Daily Video, July 13, 2023

[Sive Morten]

Good morning,

So, effect of CPI was strong enough and gold was able to exceed our 1945 target. The next one that we now could consider is 1970$. Then we expect technical pullback:

 

[philipseb]

Good morning,

So, effect of CPI was strong enough and gold was able to exceed our 1945 target. The next one that we now could consider is 1970$. Then we expect technical pullback:

Where do you project the short scalp's target is?

 

[tony mau]

Great analysis as always

 

[Sive Morten]

Where do you project the short scalp's target is?

Hi Philip, well, 3/8 at least, I suppose. By current levels, it should be around 1925-1930 area.